However, Altice posted a bigger loss as spending on programming surged.

Net loss attributable to stockholders widened to $129 million, or 17 cents per share, in the quarter, from $76.4 million, or 12 cents per share, a year earlier.

Cable TV companies are battling the so-called “cord-cutting”, as viewers drop their cable packages and move to streaming services such as Netflix Inc.

Altice has been stepping up efforts to cushion the impact from cord-cutting.

The company last year launched Altice One, a set-top box that combines traditional video, online streaming services and WiFi as well as other features. (Reporting by Muvija M in Bengaluru and Sheila Dang in New York; Editing by Sriraj Kalluvila)